ADREC Broker Exam case studies
ADREC Broker Exam · Put your knowledge to work in context.
The Abu Dhabi Real Estate Broker Exam is the licensing assessment administered for people who want to work as real estate brokers in the Emirate of Abu Dhabi. It is aimed at new entrants preparing for their first brokerage licence as well as practising agents and firm representatives who need to demonstrate regulatory knowledge. The ADREC Broker Exam case studies are 5 cases and about 2,011 words.
1The Dubai Broker Whose Client Buys Through an Unregistered Off-Plan Agent
Rania is a licensed broker with Dubai Brokerage LLC. Hashim, signs a Form A with her and asks her to find a two-bedroom off-plan unit at a project in Dubai South.
433 words, about 2 min2Escrow Shortfall on a Delayed Project
A broker, Yusuf, is selling units in a 220-unit project in Sharjah for developer 'Al Noor'. The project's escrow account was opened with a bank, and 40% of units are sold.
423 words, about 2 min3The Landlord Who Wants a One-Month Eviction Notice
Priya manages a building in Al Barsha with 24 flats. Aziz, has a 12-month tenancy ending 31 December, rent AED 78,000, paid in four cheques.
402 words, about 2 min4AML Red Flags in a Cash-Heavy Purchase
Omar, a broker in Abu Dhabi, is handling a AED 4.2 million villa purchase. The buyer, a company registered in a free zone, says the funds will come from 'an investor' and wants to pay AED 1.5 million in cash in three tranches, with the balance by bank transfer from a third-party account in another name.
385 words, about 2 min5Advertising a Yield That Does Not Exist
Layla markets a new residential tower for a developer. The developer's brochure claims 'guaranteed 9% net yield for 5 years' and 'capital appreciation of 25% in 24 months'.
368 words, about 2 min